Barclays vs NatWest Premier: Switch Bonus Comparison
NatWest Premier offers the better net value at £500 vs £300 after fees.
- Open via Barclays app
- Sign up to Blue Rewards
- Full CASS switch with 2 active direct debits
- Pay in £2,000 within 30 days
- Cannot have held a Barclays current account on or before 17 Feb 2026
- Open a Premier Select or Premier Reward account and complete a full CASS switch
- Pay in £15,000+ within 90 days
- Log in to the NatWest mobile app
- Eligibility: £100k+ sole income (£120k joint), or £100k+ savings/investments with NatWest, or a £500k+ NatWest mortgage
- No previous NatWest Group switch bonus
- Apple TV+
- MLS Season Pass
- 4%+ Rainy Day Saver on up to £5,000
- Cashback on household bills and partner retailers (with Blue Rewards)
- £500 paid within 30 days of the 90-day check
- Premier Select: no monthly fee
Verdict: Barclays vs NatWest Premier
NatWest Premier offers the higher switch bonus at £500 vs £300.
Barclays comes with more perks (4 vs 2), including things like apple tv+.
Barclays has no income requirement, while NatWest Premier requires £100,000/yr.
Frequently Asked Questions
Which has the higher switch bonus, Barclays or NatWest Premier?
NatWest Premier currently offers the higher bonus at £500, compared to £300 from the other bank.
Can I switch to both Barclays and NatWest Premier?
Yes, you can switch to both banks, but you need to do them one at a time using the Current Account Switch Service (CASS). Complete one switch, wait out the cooling-off period, then switch again to the second bank.
How long is the cooling-off period for Barclays and NatWest Premier?
The cooling-off periods are: Barclays: 24 months. During this time you cannot switch away without potentially losing your bonus.
Which bank is easier to switch to, Barclays or NatWest Premier?
Both banks use the Current Account Switch Service (CASS), which makes the process straightforward. The main differences are in specific requirements like minimum pay-in amounts, number of direct debits, and whether you need to use their app. Check the requirements comparison above for full details.